MARKET WRAP: JSE muted, with focus on US CPI

The JSE closed little changed in a see-saw session on Wednesday after US producer inflation data came in higher than expected, prompting further reflection on the outlook for inflation.

The producer price index, which measures final-demand wholesale prices, rose 0.4% in September, exceeding the market consensus of 0.2%. The gauge is closely watched because it provides an indication of future price increases. ..